Rippling IPO

rippling.com

Rippling was founded in 2016 by CEO Parker Conrad and CTO Prasanna Sankar, and is headquartered in San Francisco, California. As a unified HR, IT, and business operations platform provider, the company allows businesses to set up payroll, health insurance, work computers, and third-party apps for its employees in just a few clicks. Rippling has raised a total of $447 million in funding from notable investors such as Kleiner Perkins, Founders Fund, Sequoia Capital Global Equities, Initialized Capital, and Y Combinator. According to the latest news from TechCrunch, Rippling last raised $450 million in October 2021 for a post-money valuation of $6.5 billion.

Founded2016
Total Funding to Date$740.46MM
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Rippling Ticker Symbol

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Rippling Stock Price

The stock price for Rippling will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).

Major Investors for Rippling

Sequoia Capital
Y Combinator
Kleiner Perkins
Coatue Management
Founders Fund
Amino Capital
Greenoaks Capital Partners
Palm Drive Capital

Rippling Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
5/11/2022 Series D $250MM raised $XXX.XX $XXX.XX
10/21/2021 Series C $278.99MM raised $XXX.XX $XXX.XX
8/4/2020 Series B, B-1, and B-2 $150.28MM raised $XXX.XX $XXX.XX
4/3/2019 Series A $45MM raised $XXX.XX $XXX.XX
3/14/2017 Series A-1, A-2, A-3, and A-4 $16.18MM raised $XXX.XX $XXX.XX
Based on primary financings
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